Reuters Business Summary
§ People who read this also read … Goldman Sachs not buying Lehman: sources Lehman rescue hopes rise Report: Fugitive Mladic won't surrender Big Catch: Big Fish Games Raises $83 Million Funding
Most Viewed Business Articles U.S. Helps Lehman Go Up for Sale YouTube Bans Videos That Incite Violence Reuters Business Summary Drop in Rates For Mortgages Gets Attention Of Borrowers
» Top 35 Business Articles » Most Popular on washingtonpost.com TOOLBOX Resize Print E-mail Save/Share + Digg Newsvine del.icio.us Stumble It! Reddit Facebook myspace COMMENT No comments have been posted about this item.
Comments are closed for this item. Discussion Policy Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this article Reuters Friday, September 12, 2008; 8:15 AM
Lehman rescue hopes rise
LONDON (Reuters) - Expectations that a deal will emerge to save Lehman Brothers (LEH.N) mounted on Friday after its plunging share price prompted intensive talks with U.S. officials about rescue options. Lehman's shares added 4 percent to $4.40 in pre-market trading in New York as talk swirled that the bank would put out a statement before Wall Street opens. Lehman declined to comment.
Futures flat; Lehman buyout news, data awaited
NEW YORK (Reuters) - Stock index futures were little changed on Friday as investors awaited news on the fate of Lehman Brothers (LEH.N) after a slide in its stock this week heightened fears over whether the investment bank can survive. Bank of America Corp (BAC.N), the No. 2 U.S. bank, will likely win any auction for Lehman, said analyst Richard Bove of Ladenburg Thalmann.
|